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Terrorists using PoS to collect ransom – FG

PoS

Federal Government has raised the alarm over how terrorists are devising different means including use of Point of Sale (PoS) to escape detection when carrying out their nefarious activities.

Terrorists using PoS to collect ransom – FG

PoS

The Director-General of the National Counter Terrorism Centre (NCTC), Major-General Adamu Laka, disclosed this to journalists at the Centre’s headquarters in Abuja during the 2025 end-of-the-year press briefing on Tuesday, December 23.

He also disclosed that Nigerian security agencies are working with major social media companies to identify and take down accounts used by terrorists and criminal groups to promote their activities and raise funds.

The senior military officer lamented that ransom payments remained a major source of terror financing, with Point of Sale (PoS) operators increasingly exploited to move the funds.

He explained that in many cases, ransom payments were transferred to accounts belonging to PoS operators, who then released the cash to kidnappers, making tracking of such money more difficult.

“You see a transfer made by terrorists, and when you investigate the account, it belongs to a PoS operator. The kidnappers give out the PoS operator’s number, the money is transferred, and they go to collect it,” he said.

According to him, security agencies had intensified efforts to track ransom payments, arrest those involved and disrupt terror financing networks, stressing that operational details could not be made public for security reasons.

He revealed that several arrests and prosecutions had been made in connection with ransom payments and terrorism financing.

Laka noted that asset recoveries and seizures formed part of Nigeria’s compliance with international anti-money laundering and counter-terrorism financing standards.

He listed TikTok, Facebook, Instagram, Snapchat and X as some of the platforms being used by terrorists to publicise operations, display looted items and communicate with supporters.

According to him, security agencies have held several engagements with social media companies to address posts and accounts that pose threats to national security.

“These platforms are businesses and are interested in growing their user base, but we engage them and explain the implications of certain posts on national security, and we take them down,” Laka said

He noted that terrorist tactics continue to evolve, including the use of aliases and unverified accounts, adding that security agencies constantly adapt to counter such developments.

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Frank
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Franklin Ugo Ndibe is a seasoned Nigerian journalist and media professional renowned for his incisive reporting and editorial leadership in the information and communications technology (ICT) sector.

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